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Dec 8, 2013
12/13
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BLOOMBERG
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what are you seeing on the economic environment? >> this quarter was slow to start. if you look at the holiday shopping season, it was pushed late. other than that, things are looking better and better. >> you have done so many acquisitions. talk to me about beacon. we were just talking about this. how do you describe it? >> we want to change how people shop. people love shopping. they hate paying. >> is that because they are cheap? >> everybody is like that. we want to remove the friction and make a completely invisible to pay. with beacon, we did that. you can go into a coffee shop, like you did, and you just walk in. your phone vibrates, so you know you are checked in. your photo appears on the point- of-sale system and you pay completely hands free. >> you do not have to go to another cash register? >> we have point-of-sale systems that check in. it enables any retail store or copy shop or restaurant to enable that. >> so, you have these 30 systems. how many point-of-sale locations are you in? >> in the u.s., we have over 100,000 locations. i do not want to estim
what are you seeing on the economic environment? >> this quarter was slow to start. if you look at the holiday shopping season, it was pushed late. other than that, things are looking better and better. >> you have done so many acquisitions. talk to me about beacon. we were just talking about this. how do you describe it? >> we want to change how people shop. people love shopping. they hate paying. >> is that because they are cheap? >> everybody is like that. we...
127
127
Dec 6, 2013
12/13
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BLOOMBERG
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what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right? look at the holiday shopping, it was pushed late. other than that, i think things are looking better and better. >> you have done so many acquisitions and have launched many products as well. john donahoe was excitedly showing this beacon. how do you describe it? >> we want to change how people shop. people love shopping, but they hate paying. >> and it is not just because they are cheap? >> no. everyone is like that. we want to remove that friction and make it completely invisible to pay. with beacon, we did that. shop like into a copy you did earlier today -- coffee shop like he did earlier today and then your phone right rates. you can pay completely hands- free. one vibrates. completely hands- free. it can be a retail store or restaurants to enable that and have one of these systems. >> and i have big merchant partners, but how many point-of- sale locations are you in? have overu.s., we 100,000 locations. i do not want to make it specific
what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right? look at the holiday shopping, it was pushed late. other than that, i think things are looking better and better. >> you have done so many acquisitions and have launched many products as well. john donahoe was excitedly showing this beacon. how do you describe it? >> we want to change how people shop. people love shopping, but they hate paying. >> and it is not...
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117
Dec 9, 2013
12/13
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BLOOMBERG
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square is in a hyper competitive environment where they need to continue to get there. holiday shopping season. a busy time. what kind of growth can we expect? >> it will be interesting to see the numbers. you have seen a lot of competitors come into the space coming in to help merchants. paypal has its own reader. >> bloomberg news editor, thank you for weighing in. could today be an even bigger day than last week cyber monday. that is just ahead. ♪ >> this is the early edition of bloomberg "west." as well-known as black friday or cyber monday, but today is green monday. traditionally the biggest online shopping day of the year. the second monday in december, the day shoppers rush to finish online gift orders i the holidays. cory johnson is back to explain. >> only you would be talking about finishing up holiday shopping. i am somewhere about zero percent like a lot of people. >> 75% done. tracking this on a spreadsheet? >> i want to get my free shipping. this they have historically been the biggest day for online shopping. monday, the second monday after december sh
square is in a hyper competitive environment where they need to continue to get there. holiday shopping season. a busy time. what kind of growth can we expect? >> it will be interesting to see the numbers. you have seen a lot of competitors come into the space coming in to help merchants. paypal has its own reader. >> bloomberg news editor, thank you for weighing in. could today be an even bigger day than last week cyber monday. that is just ahead. ♪ >> this is the early...
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194
Dec 5, 2013
12/13
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probably not as quickly as from prior recessionary environments, but still broadly recovering. most industries, most parts of the united states. we continue -- we expect that to continue in 2014 and beyond. we have more confidence today that europe has hit bottom and starting to move from that, albeit very slowly. i think a year ago we would have thought is it possible they have not hit bottom yet? we would have had less confidence about that. aresia, china and india less great places. they are wrestling with local issues that are a bit different from place to place. >> an optimistic tone from arnie sorenson. closer feeling pretty good about 2014 as well. she has charts to prove it. we will explain in chart attack. we will be right back. ♪ >> time for chart attack where we show you a couple of charts today that will make you smarter. ellen zender you say the world is getting smarter and the charts to prove it. >> that is right. a pretty good outlook for 2013. we will show you we swallowed a really hard pill. a big hit to government spending but a sharp improvement in the defi
probably not as quickly as from prior recessionary environments, but still broadly recovering. most industries, most parts of the united states. we continue -- we expect that to continue in 2014 and beyond. we have more confidence today that europe has hit bottom and starting to move from that, albeit very slowly. i think a year ago we would have thought is it possible they have not hit bottom yet? we would have had less confidence about that. aresia, china and india less great places. they are...